Ministry of Change ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ministry of Change ApS
Ministry of Change ApS (CVR number: 36938234) is a company from FREDENSBORG. The company recorded a gross profit of 1.5 kDKK in 2024. The operating profit was -135.1 kDKK, while net earnings were -159.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.7 %, which can be considered poor and Return on Equity (ROE) was -84.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ministry of Change ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 111.95 | -34.80 | 1 209.84 | 360.75 | 1.52 |
EBIT | 25.62 | -34.80 | 361.54 | - 195.65 | - 135.09 |
Net earnings | 63.99 | -29.53 | 351.57 | - 198.14 | - 159.88 |
Shareholders equity total | 537.91 | 395.38 | 646.95 | 331.01 | 49.13 |
Balance sheet total (assets) | 593.84 | 414.38 | 1 055.44 | 525.82 | 120.93 |
Net debt | - 593.84 | - 381.17 | - 918.72 | - 420.96 | 38.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | -5.8 % | 51.8 % | -24.1 % | -41.7 % |
ROE | 11.1 % | -6.3 % | 67.5 % | -40.5 % | -84.1 % |
ROI | 11.4 % | -6.3 % | 73.0 % | -38.7 % | -63.5 % |
Economic value added (EVA) | 31.27 | -31.99 | 335.24 | - 182.00 | - 130.28 |
Solvency | |||||
Equity ratio | 90.6 % | 95.4 % | 61.3 % | 63.0 % | 40.6 % |
Gearing | 1.8 % | 79.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.6 | 20.4 | 2.6 | 2.3 | 0.6 |
Current ratio | 10.6 | 20.4 | 2.6 | 2.3 | 0.6 |
Cash and cash equivalents | 593.84 | 381.17 | 918.72 | 426.78 | 0.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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